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Homeowner Equity Surges But Does That Tell The Full Story?

Posted by Sami Thalji | Aug 06, 2021 | 0 Comments

ATTOM Data release a report estimating that 34.4 percent of mortgaged residential properties are "equity rich." Equity rich is defined as the combined estimated amount of loans secured by a property are no more than 50% of that property's estimated market value. In lay terms, at least 50% of the ...

More than 144,000 Floridians at risk for eviction

Posted by Sami Thalji | Aug 03, 2021 | 0 Comments

The federal moratorium against evictions issued by the Center for Disease Control and Prevention expired last Saturday leaving more than 144,000 Floridians at risk to losing their homes. The United States Supreme Court chimed in last month basically ruling that the CDC didn't have the authority t...

Be Careful Where You Get Your News On Housing

Posted by Sami Thalji | Jul 31, 2021 | 0 Comments

A came across this article from Fox Business this morning entitled "Concerns over foreclosure increase after forbearance ends 'wildly overblow' expert says."  Upon first glance it appears like another speculative piece. It cites some quotes from some guy at RealtyTrac to make it seem official. Bu...

Foreclosure Moratorium Ends

Posted by Sami Thalji | Jul 31, 2021 | 0 Comments

The Department of Housing and Urban Development released a statement informing consumers that they are extending evictions of foreclosed homeowners until September 30, 2021. However, interestingly enough in the same press release they informed consumers that the foreclosure moratorium ends on Jul...

It Was Fun While It Lasted. The Housing Boom Is Over.

Posted by Sami Thalji | Jul 30, 2021 | 0 Comments

According to the US Census Bureau the sale of new homes in June fell 6.6% from May sales and 19.4% from June 2020 sales. That is the lowest level of new home sales since the start of the COVID-19 shut downs in April 2020. The drop is significant because most "experts' predicted more significant g...

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